Empire Metals Limited NPV (DI) (EEE)

Sector:

Mining

Index:

FTSE AIM All-Share

54.60p
   
  • Change Today:
      5.60p
  • 52 Week High: 61.00p
  • 52 Week Low: 5.60p
  • Currency: UK Pounds
  • Shares Issued: 690.39m
  • Volume: 17,130,361
  • Market Cap: £376.95m
  • RiskGrade: 397
  • Beta: 0.00

Empire Metals testwork yields high-purity titanium product

By Josh White

Date: Monday 09 Jun 2025

LONDON (ShareCast) - (Sharecast News) - Empire Metals announced on Monday that recent metallurgical testwork at its Pitfield titanium project in Western Australia had yielded a high-purity titanium dioxide product grading 99.25%, with minimal impurities.
The AIM-traded firm said the results were achieved using conventional beneficiation and refining techniques, including flotation, acid leaching, and calcination, on concentrates from the project's weathered saprolitic cap.

It said the high-purity output was expected to be suitable for premium-grade titanium sponge metal and high-quality pigment applications.

Testwork was conducted at ALS Metallurgy in Perth and applied both direct acid bake and dilute acid pre-leach processes.

The company said the refining method, which involved converting titanyl sulphate to hydrated titanium dioxide and then calcining the material, produced a final product with non-detectable or extremely low deleterious elements.

Bulk samples had already been collected for further product generation and marketing purposes.

Empire said the results enhanced the commercial potential of Pitfield, which benefited from established infrastructure links, favourable logistics, and its location in a top-ranked mining jurisdiction.

The firm added that the findings demonstrated a strong foundation for future development and aligned with its strategy to position Pitfield as a major source of high-grade titanium feedstock.

"We have achieved an extraordinary outcome from our most recent product development testwork, which has delivered an exceptional high-grade, high-purity titanium dioxide product that should be ideal for either titanium sponge metal or high-quality titanium dioxide pigment production," said managing director Shaun Bunn.

"It is remarkable that our technical team has so rapidly produced a high-purity titanium dioxide product."

Bunn said the company believed that highlighted the effectiveness of the company's processing approach, and also underscored the potential value of the product.

"Metallurgical testing and process optimisation continues, and with the availability of the 70 tonnes of bulk sample collected in February we will now be able to significantly scale up the testwork and produce a variety of final product samples to share with prospective downstream end-users."

At 1547 BST, shares in Empire Metals were up 24.11% at 17.5p.

Reporting by Josh White for Sharecast.com.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

EEE Market Data

Currency UK Pounds
Share Price 54.60p
Change Today 5.60p
% Change 11.43 %
52 Week High 61.00p
52 Week Low 5.60p
Volume 17,130,361
Shares Issued 690.39m
Market Cap £376.95m
Beta 0.00
RiskGrade 397

EEE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60% below the market average60% below the market average60% below the market average60% below the market average60% below the market average
90.55% below the sector average90.55% below the sector average90.55% below the sector average90.55% below the sector average90.55% below the sector average
Price Trend
99.74% above the market average99.74% above the market average99.74% above the market average99.74% above the market average99.74% above the market average
98.52% above the sector average98.52% above the sector average98.52% above the sector average98.52% above the sector average98.52% above the sector average
Income Not Available
Growth Not Available

EEE Dividends

No dividends found

Trades for 28-Aug-2025

Time Volume / Share Price
16:16 50,000 @ 54.40p
12:50 200,000 @ 55.00p
12:50 200,000 @ 56.00p
08:04 261,500 @ 54.00p
08:14 178,619 @ 59.00p

EEE Key Personnel

Finance Director Gregory Kuenzel ACA

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